Survey Shows a Cheap iPad 2 Will Attract Non-iPad Buyers

[Maura]

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With the launch of Apple’s next iPad on March 7 mere days away now, AppleInsider reports on a new survey from RBC Capital Markets of 1,100 consumers, which found that of those who had said that they did not intend to buy an iPad 2 in the next 90 days, 20 percent changed their minds and said that they would be “likely†to buy an iPad 2 if it were sold at a lower price point, $399, for example. RBC analyst Mike Abramsky said in a note to investors today that should Apple do what many experts have been predicting, and sell the iPad 2 at such a reduced price, it would enable Apple to more effectively compete against other lower-priced tablets, such as Amazon’s Kindle Fire. Talking about the soon-to-be-announced next iPad, Abramsky said that he believes it will have a quad-core A6 processor, 4G connectivity, and a Retina Display, and he also thinks that it will provide some clues about the next iPhone as well. [/FONT]

[FONT=&amp]Source: 20% of non-iPad buyers would consider a $399 entry-level iPad 2[/FONT]

 

[AirPlayit]

Thanks for the info.

 

[mmoden]

Well this is survey and no doubt this is a truth... because people need good quality at cheaper rates.

 

[Slimseven]

At that price how could anyone reasonably decide not to buy the worlds tablet king if your even remotely thinking of owning a new tablet. People buy refurb's for close to that. It's a great business move for Apple. Once people who in the past resisted or waited jump on this ipad2 mega bargain they will be hooked and most will likely purchase premium price upgrades in the future.